Latest Gold Mining News

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.

Native Mineral Resources Holdings Limited has locked in exclusive 12-month mining rights at the Podosky Gold Project in Queensland, backed by promising high-grade drilling results and imminent mining plans.

Meeka Metals is set to increase gold processing capacity at its Murchison Gold Project by 200,000 tonnes per annum through a $6 million ore sorting upgrade, targeting commissioning in September 2026. This innovative approach promises higher-grade feed, increased production, and lower costs.

Horizon Minerals has successfully raised $4.65 million through a Share Purchase Plan, supplementing a recent $175 million placement as it advances its Black Swan processing hub development.

West African Resources has reported a robust A$567 million net profit after tax for 2025, driven by strong gold production and operational cash flow. The successful ramp-up of the Kiaka gold production centre and sustained output from Sanbrado underpin the company’s positive outlook for 2026.

Toubani Resources has officially commenced construction at its Kobada Gold Project in Mali, marking a pivotal step towards first gold production targeted for late 2027.

Forrestania Resources has begun mining and delivering ore to Westgold’s Higginsville hub, marking its official transition from explorer to gold producer. The company is also refurbishing its own Lake Johnston facility to establish independent processing capabilities.

Pantoro Gold has reported exceptional underground drilling results from the Butterfly area within its Norseman Gold Project, revealing high-grade gold mineralisation close to existing infrastructure and promising further resource expansion.

Perseus Mining has agreed to sell its majority interest in the Meyas Sand Project in Sudan for US$260 million, marking a strategic shift amid regional conflict. The deal will bolster Perseus’s balance sheet and refocus resources on core assets.

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.

Horizon Minerals has completed mining at Boorara and plans to use its substantial ore stockpiles to support the mid-2027 commissioning of the Black Swan Processing Hub, aiming for a smooth production restart in early 2027.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.